Toll Brothers Inc (NYSE:TOL) CAO Joseph R. Sicree sold 4,500 shares of the company’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $51.48, for a total value of $231,660.00. Following the transaction, the chief accounting officer now directly owns 24,197 shares in the company, valued at $1,245,661.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Toll Brothers Inc (TOL) opened at $51.90 on Tuesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 6.61 and a quick ratio of 0.97. Toll Brothers Inc has a 12-month low of $30.44 and a 12-month high of $51.99. The stock has a market capitalization of $8,210.00, a price-to-earnings ratio of 16.32, a P/E/G ratio of 1.30 and a beta of 1.57.

Toll Brothers (NYSE:TOL) last released its earnings results on Tuesday, December 5th. The construction company reported $1.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.02). Toll Brothers had a net margin of 9.21% and a return on equity of 12.00%. The firm had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period in the previous year, the company earned $0.67 earnings per share. Toll Brothers’s revenue was up 9.3% on a year-over-year basis. research analysts predict that Toll Brothers Inc will post 3.69 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, January 12th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Thursday, January 11th. Toll Brothers’s payout ratio is 10.06%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. increased its position in shares of Toll Brothers by 61.6% in the 2nd quarter. Advisors Asset Management Inc. now owns 2,667 shares of the construction company’s stock valued at $105,000 after acquiring an additional 1,017 shares during the period. Aviance Capital Management LLC acquired a new position in shares of Toll Brothers in the 2nd quarter valued at $151,000. Toronto Dominion Bank increased its position in shares of Toll Brothers by 5.2% in the 2nd quarter. Toronto Dominion Bank now owns 3,896 shares of the construction company’s stock valued at $154,000 after acquiring an additional 192 shares during the period. Tower Research Capital LLC TRC increased its position in shares of Toll Brothers by 381.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,241 shares of the construction company’s stock valued at $168,000 after acquiring an additional 3,361 shares during the period. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Toll Brothers in the 3rd quarter valued at $207,000. 88.08% of the stock is currently owned by hedge funds and other institutional investors.

TOL has been the topic of a number of recent analyst reports. ValuEngine downgraded Toll Brothers from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 5th. MKM Partners upped their price target on Toll Brothers to $54.00 and gave the stock a “buy” rating in a research report on Wednesday, November 29th. Royal Bank of Canada reaffirmed a “buy” rating and set a $45.00 price target on shares of Toll Brothers in a research report on Wednesday, November 15th. Zacks Investment Research raised Toll Brothers from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research report on Tuesday, October 10th. Finally, UBS Group initiated coverage on Toll Brothers in a research report on Wednesday, October 25th. They set a “buy” rating and a $50.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $48.63.

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About Toll Brothers

Toll Brothers, Inc is engaged in designing, building, marketing, selling and arranging financing for detached and attached homes in luxury residential communities. The Company operates through two segments: Traditional Home Building and Toll Brothers City Living (City Living). Within the Traditional Home Building segment, it operates in five geographic segments in the United States: the North, consisting of Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey and New York; the Mid-Atlantic, consisting of Delaware, Maryland, Pennsylvania and Virginia; the South, consisting of Florida, North Carolina and Texas; the West, consisting of Arizona, Colorado, Nevada and Washington, and California.

Insider Buying and Selling by Quarter for Toll Brothers (NYSE:TOL)

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